Cheap Apartments for Rent in the Lakewood Neighborhood of Grand Prairie, TX from $900 (36 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Lakewood area of Grand Prairie.

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Wymberly Pointe
1 to 2 Bedroom Apartments

Wymberly Pointe

702 W Warrior TrlGrand Prairie, TX 75052
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Wymberly Crossing
1 to 3 Bedroom Apartments

Wymberly Crossing

3001 S Carrier PkyGrand Prairie, TX 75052
  • Utilities Included
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LynnCora
Studio to 2 Bedroom Apartments

LynnCora

3145 Lynn Creek PkyGrand Prairie, TX 75052
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Eagle Crossing
1 to 3 Bedroom Apartments

Eagle Crossing

8015 W Camp Wisdom RdDallas, TX 75236
Corporate Housing
Showing Results 1-36, Page 1 of 1

Lakewood, Grand Prairie, TX Local Guide

Cheapest Available Lakewood Apartments for Rent

 

The cheapest available apartment rental in the Lakewood area of Dallas, TX is a 1 Bed unit found at Ronan Apartment Homes priced from $973. The Park on Forum has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,000. Here are the most affordable Lakewood apartments for rent in Dallas, TX:

Apartment ListingModel NameBed/BathPriced From
Ronan Apartment HomesA21BR,1BA$973
The Park on ForumA11BR,1BA$1,000
Mission Mayfield DownsS1Studio,1BA$1,054
Arioso Apartments & TownhomesA11BR,1BA$1,075
The Watson1x11BR,1BA$1,099
Prairie Ranch Apartment HomesA41BR,1BA$1,127
MAA Grand CourtyardsThe Orchid1BR,1BA$1,153
Highlands of Grand PrairieA-11BR,1BA$1,190
Eagle CrossingA1A1BR,1BA$1,273
Parkways on Prairie CreekA41BR,1BA$1,283

Best Value Apartments for Rent in Lakewood, TX

As of November 17, 2025 the best value apartment in the Lakewood area is the $1.71 price per square foot 3x2 Model at The Watson in the in the East Arlington neighborhood starting from $2,399. The second greatest value Lakewood apartment is the Baird Model at Canvas at Grand Prairie starting at $2,347 with a $1.84 price per square foot in the East Arlington neighborhood. Here is today’s list of the best values for Lakewood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Watson3x23BR,2BA$1.71
Canvas at Grand PrairieBaird2BR,2.5BA$1.84
Mission Mayfield DownsB12BR,2BA$1.59
Ronan Apartment HomesB1R2BR,2BA$1.72
Eagle CrossingA1A1BR,1BA$1.77
Prairie Ranch Apartment HomesA31BR,1BA$1.58
Highlands of Grand PrairieA-11BR,1BA$1.69
The Park on ForumA11BR,1BA$1.51
MAA Grand CourtyardsThe Orchid1BR,1BA$1.80
Arioso Apartments & TownhomesA11BR,1BA$1.70

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Pet Friendly Lifestyle
Lakewood, Grand Prairie, TX

Ranked #6

Among cities in Texas for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Best Local Schools in
Lakewood, Grand Prairie, TX

School data provided by Great Schools

Lifestyle Ratings

Our team of engineers and researchers is proud to bring you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, cities, and rental properties across Texas including Lakewood, Grand Prairie, and the greater Dallas area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including searching for the best amenities, and convenient access to the outdoors, multifamily communities for the kids, raising pets, transit options, walking, and biking. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Lakewood Apartments

What is a cheap apartment in Lakewood?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lakewood is under $1,283.

What is the price of a cheap apartment in Lakewood?

The cheapest apartment in Lakewood is Ronan Apartment Homes which is listed at $973, while the average apartment in Lakewood costs $9,570.

What types of apartments are the cheapest in Lakewood?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 39 regular apartments in Lakewood that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Lakewood?

Cheap apartments in Lakewood have an average cost of $116 which is $9,454 cheaper than the average rent for all rentals in Lakewood.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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Apartment Common Area Rules: What Renters Need to Know

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The Rental Move-In Inspection Checklist: A Guide for Renters

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The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.